Money and Security Zimmermann Paperback Cambridge University Press 9780521399180

Money and SecurityTroops, Monetary Policy, and West Germany's Relations with the United States and Britain, 19501971\nAuthor(s): Hubert Zimmermann\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521399180, 978-0521399180\nSynopsis\nThis study links two fundamental political structures of the Cold War era, the transatlantic security system and the international monetary system. Central to this issue is a problem which soured relations between the Federal Republic and its allies from the 1950s to the 1970s: who was to bear the enormous cost of British and American troops in Germany? Both Washington and London identified this cost as a major reason for the decline of their currencies, whereas Germany reluctantly paid and traded 'Money for Security'; a fundamental pattern of its postwar foreign policy. The interweaving of money and security leads toward a more complete understanding of transatlantic history duri.